Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 222.007 - Credit for Fees Paid(a) Except as otherwise provided by this subsection, an insurer or health maintenance organization is entitled to a credit on the amount of tax due under this chapter for all examination and evaluation fees paid to this state during the calendar year for which the tax is due. An insurer is not entitled to a credit on the amount of tax due under this chapter for fees paid for valuing life insurance policies. The limitations provided by Sections 803.007(1) and (2)(B) for a domestic insurance company apply to a foreign insurance company.(b) The credit provided by this section is in addition to any other credit authorized by statute.Amended By Acts 2011, 82nd Leg., 1st C.S., Ch. 4, Sec. 2.02, eff. 9/28/2011.Amended By Acts 2007, 80th Leg., R.S., Ch. 1039, Sec. 2, eff. 9/1/2007.Amended By Acts 2005, 79th Leg., Ch. 728, Sec. 11.003(a), eff. 9/1/2005.Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. 4/1/2005.